Labour Costs in Latvia decreased to 118.99 Index Points in the second quarter of 2019 from 119.34 Index Points in the first quarter of 2019. Labour Costs in Latvia averaged 91.02 Index Points from 1995 until 2019, reaching an all time high of 169.58 Index Points in the third quarter of 2008 and a record low of 43.69 Index Points in the first quarter of 1995.

Latvia Labour Costs
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Latvia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.40 6.90 21.30 5.30 percent [+]
Employed Persons 905.60 903.60 1404.00 830.00 Thousand [+]
Unemployed Persons 52595.00 54390.00 194253.00 36690.00 [+]
Long Term Unemployment Rate 3.00 3.00 10.10 1.20 percent [+]
Youth Unemployment Rate 12.10 13.30 40.90 7.60 percent [+]
Labour Costs 118.99 119.34 169.58 43.69 Index Points [+]
Job Vacancies 29704.00 27763.00 29704.00 1643.00 [+]
Wages 806.00 797.00 806.00 113.00 EUR/Month [+]
Minimum Wages 430.00 430.00 430.00 75.18 EUR/Month [+]
Population 1.93 1.95 2.67 1.93 Million [+]
Retirement Age Women 63.25 63.00 63.25 59.50 [+]
Retirement Age Men 63.25 63.00 63.25 62.00 [+]
Part Time Employment 68.80 70.00 116.00 48.80 Thousand [+]
Labor Force Participation Rate 69.00 69.20 70.20 59.90 percent [+]
Productivity 134.40 117.70 136.70 44.30 Index Points [+]
Employment Change -1.10 0.40 3.50 -6.70 percent [+]
Employment Rate 64.70 64.40 65.30 50.80 percent [+]
Full Time Employment 797.90 792.80 984.30 720.30 Thousand [+]


Latvia Labour Costs

This page provides - Latvia Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Labour Costs - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
118.99 119.34 169.58 43.69 1995 - 2019 Index Points Quarterly
2010=100, SA




Country Last Previous
Australia 105.10 Jun/19
Brazil 104.13 Aug/19
Canada 108.85 Jun/19
China 104.20 Sep/19
Euro Area 110.50 Jun/19
France 107.60 Jun/19
Germany 108.22 Jun/19
Italy 111.90 Jun/19
Mexico 93.30 Aug/19
Netherlands 118.70 Jun/19
Singapore 99.50 Jun/19
South Africa 157.00 Mar/19
South Korea 129.90 Mar/19
Spain 104.80 Jun/19
Turkey 200.63 Jun/19
United Kingdom 105.50 Mar/19
United States 111.98 Jun/19


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